Real Estate Expert On Grubb & Ellis Bankruptcy

Real estate expert Jack Kerrigan says the Grubb & Ellis merger with the real estate investment management company NNN Realty Advisors Inc. in 2007 was the start of the Grubb & Ellis failure. One of the largest US brokerage firms, Grubb & Ellis Co filed for bankruptcy in the Southern District of New York and will sell nearly all of its assets to BGC Partners.